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We bought a 3,000 SF lot w/ teardown home in April for $400k ($130/SF) We bought it with 25% down 2 year interest only loan through a local S&L we have a good relationship with.We bought the site because a new sta...
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Happy New Year.Is it better to sell a lot plus new construction under a single contract or to have 2 separate contracts (1 for lot sell and 1 for new construction)?Thanks
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I am curious about buying residential land. Take a growing Metro - -be it Raleigh, Charlotte, Atlanta, etc. Obviously, the suburbs around there have exploded and houses (at least these days) are selling quick, and ...
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Hello there great people, I am looking for an advice. From sometime already I have tried putting in together a team to enter into the Real estate development, and have a good profit splits as partners from any real es...
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Hi all - Our residential development plan has had a "budget bust", so I'm looking for other alternatives. Here's the story:Background: Since the early 80's my family has owned 8.5 acres with our SFH on it in a good lo...
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I’m interested in buying vacant lots of land that are wooded or unlevel and clearing them and making them ready to develop and selling them. Is this a viable business strategy? I feel like the cost of entry for this w...
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I was just wondering if buying properties and rehabbing them would be a good way to transition into becoming a residential developer eventually?
Hi, my family owns a 8950 square foot lot that is on the back portion of a 19 acre development site. The site is currently being developed for a large retailer. The site will consist of a 260,000 square foot stor...
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Recently a developer began marketing 10 homes in a 70 lot subdivision. The homes range in price from $200k - $300k. The subdivision is located inside my farm market and within a mile of my initial house flip ($275k ...
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Hi first time posting to biggerpockets I have listened to a couple podcasts but know very little when it comes to real estate.My current situation is I own a property in a rapidly developing area that we have had on t...